NSE Indices Limited, a subsidiary of the National Stock Exchange (NSE), has unveiled the country's first thematic index dedicated to the electric vehicle (EV) sector – the Nifty EV & New Age Automotive index. This groundbreaking initiative aims to track the performance of companies that are integral to the EV ecosystem or involved in developing […]
The Reserve Bank of India (RBI) has imposed significant business restrictions on ECL Finance and Edelweiss Asset Reconstruction Company Limited (EARCL), both part of the Edelweiss Group, citing "material supervisory concerns." These concerns are primarily related to governance and compliance issues that the RBI uncovered during its recent supervisory assessments. The restrictions prohibit these entities […]
Kronox Lab Sciences IPO Price: ₹129 to ₹136IPO Date Range: 3 June 2024 - 5 June 2024 Foundation & Business Essence Incorporated in 2008, Kronox Lab Sciences Limited is a leading manufacturer of high-purity specialty fine chemicals serving diverse industries. Product Portfolio The company’s extensive product portfolio includes over 185 chemicals, such as phosphates, sulphates, […]
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a comprehensive master circular on health insurance, bringing significant changes aimed at empowering policyholders and enhancing service standards across the sector. Key Highlights of the Master Circular Objective of the Health Insurance Circular The master circular, dated May 29, consolidates and replaces 55 previous […]
The stock market's reaction to election results is well-documented, reflecting the broader economic and political shifts investors anticipate. With the 2024 Lok Sabha elections in India capturing global attention, understanding the interplay between political outcomes and market behaviour is crucial for investors, policymakers, and analysts alike. Historical Trends Historically, election periods are marked by heightened […]
Awfis Space Solutions IPO Price: ₹364 to ₹383IPO Date Range: 22 May, 2024 - 27 May, 2024 Foundation & Business Essence Incorporated in December 2014, Awfis Space Solutions Limited is a prominent workspace solution provider in India, catering to individuals, start-ups, SMEs, and large corporations. With a core focus on co-working, Awfis offers flexible workspaces, […]
Go Digit IPO Price: ₹258 to ₹272IPO Date Range: 15 May, 2024 - 17 May, 2024 Foundation & Business Essence Established in December 2016 as Oben General Insurance Ltd and later rebranded as Go Digit General Insurance Limited in 2017, the company is a pioneering digital full-stack insurance provider in India. Go Digit aims to […]
Aadhar Housing Finance IPO Price: ₹300 to ₹315IPO Date Range: 8 May, 2024 - 10 May, 2024 Foundation & Business Essence Established in 2010, Aadhar Housing Finance Limited is a housing finance company with a focus on the lower income segment in India. The company operates deep impact branches and sales offices targeting customers in […]
TBO Tek IPO Price: ₹875 to ₹920IPO Date Range: 8 May, 2024 - 10 May, 2024 Foundation & Business Essence Established in 2006 as Tek Travels Private Limited, TBO Tek Limited has emerged as a prominent player in the travel distribution sector. Initially founded in India, the company has evolved into a global platform, connecting […]
Indegene IPO Price: ₹430 to ₹452IPO Date Range: 6 May, 2024 - 8 May, 2024 Foundation & Business Essence Founded in 1998, Indegene Limited is a leading provider of digital services for the life sciences industry. Offering comprehensive solutions across drug development, clinical trials, regulatory submissions, pharmacovigilance, and sales/marketing support, the company facilitates the modernization […]
